Bitcoin News Update: Bitcoin's Death Cross and Global Political Strains Raise Bearish Concerns, Yet Institutional Activity Inspires Optimism
- Bitcoin's recent $105,000 drop triggered bearish signals like the "death cross," raising concerns about a prolonged downturn amid weak institutional/retail demand. - ETF data shows mixed investor sentiment, with $1.1T inflows in U.S. Bitcoin ETFs but $2.5B outflows from Grayscale's Mini Trust, highlighting market fragmentation. - U.S.-China Bitcoin dispute over 127,000 stolen coins and frozen liquidity exacerbates uncertainty, while DeFi integration and miner diversification offer structural support. - A
Bitcoin’s latest price movements have reignited worries about a possible short-term bear market, as experts and market watchers cite technical signals, global tensions, and changing investor sentiment. Matrixport’s recent report indicates that Bitcoin is now in a corrective stage, casting doubt on the strength of the anticipated 2025 bull run.
The price of
Bitfinex analysts note that this correction is consistent with typical mid-cycle pullbacks,
Despite the negative outlook, some structural developments offer support.
Opinions among market participants remain split. Some interpret the current dip as a necessary period of consolidation, while others warn it could trigger a broader sell-off. The $100,000 support level will be a key indicator for Bitcoin’s short-term direction. For now, the combination of technical challenges, geopolitical headwinds, and shifting institutional strategies highlights Bitcoin’s volatility and the ongoing debate over its role as both an asset and a foundational technology
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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